Ikea is increasing the number of its stores across Britain after a pause in expansion neil hall/ReutersThirty years after entering the UK market with its distinctive flat-pack furniture and huge warehouse stores, the love affair between British shoppers and the Swedish housewares group shows no sign of ending. Ikea has recorded its sixth year of growth and increased its market share in the UK, even as its rate of total sales growth slowed slightly. It said that total UK sales had hit £1.8 billion in the year to August 31, up 5.8 per cent on the year before. The rise, at a lower rate than the 8.9 per cent sales increase achieved in 2016, helped to push its market share up by 0.5 per cent to 8.1 per cent. Ikea said that it had recorded a 57 per cent increase in…

Source: The Times November 14, 2017 00:01 UTC